Global Furniture Hardware
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Furniture Hardware market size will be $21,700.81 Million by 2028. Furniture Hardware Industry's Compound Annual Growth Rate will be 4.20% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Furniture Hardware market size will be $21,700.81 Million by 2028. Furniture Hardware Industry's Compound Annual Growth Rate will be 4.20% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Furniture Hardware Market Sales Revenue 2028 | $ 21 Million |
Global Furniture Hardware Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Market Split by Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Furniture Hardware Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Furniture hardware refers to the fasteners, fittings, and component pieces required to construct a functional, long-lasting piece of furniture. Furniture hardware support the appearance, style, and longevity of a piece of furniture.
Furniture hardware plays an important role in installation of furniture. One cannot be replaced by another and no matter how little or inconsequential a piece of furniture hardware appears to be, it must be installed. In some cases, the tiniest furniture components become the most important in keeping the complete furniture model together.
Furniture hardware contributes to the ease of use in any room. It is suitable for use in panel furniture, solid wood furniture, hardware furniture, office furniture, bathroom, cabinet furniture, and wardrobe. Furniture hardware comprises drawer slides, hinges, knobs, and pulls, furniture sliding door hardware, furniture door support, a kitchen pull out basket, and wardrobe storage hardware. The majority of hardware is constructed of zinc, copper, brass, stainless steel, bronze, chromium, nickel, and other metals.
It can be available in structural furniture hardware (such as glass coffee table, negotiation of metal legs of the round table, etc.), functional furniture hardware (such as riding, hinge, three-in-one connector, slide rail, laminate support, etc.), decorative furniture hardware (such as aluminium edge banding, hardware pendants, metal handles, etc.).
The furniture hardware can be used in a variety of settings, including residential, commercial, and domestic. Currently, there is a surge in real estate investment happening all over the world. Simultaneously, increasing economies in developing nations like India, China, Indonesia, and others have resulted in significant expenditures in urbanization. As a result, furniture hardware is in higher demand all around the world.
The construction of residential building is expected to grow at a significant rate and is expected to experience unprecedented changes. The transformation is due technological advancements and shift in project management techniques. Moreover, continuous economic growth in various emerging and developed countries is adding lucrative financing deals with low interest rates, which is anticipated to boost the revenues of the furniture hardware.
Increasing construction of residential spaces, have led to the rise in the adoption of the wide array of furniture. Attractive amenities in residential complexes have led to the increased demand for the attractive and convenient furniture. Furniture provides completeness to home. Imperatively, it takes up the majority of space and makes residential space lived and complete. It’s always considered in mind that home is supposed to be solace and contributes a healthier lifestyle, both mentally and physically.
As population is growing, its most obvious demand gets reflected on the residential buildings which directly serve the needs of that population. The U.S. housing stock needs to expand to accommodate a growing population. Over the last 10 years the U.S. added approximately 33 million people. Residential furniture and furnishings; to include sofas, loveseats, beds, mattresses, china cabinets, credenzas, chest of drawers, mirrors, carpets, tables and chairs.As residential construction activities is growing, it drives the market for furniture hardware.
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Blum Inc. is engaged in the manufacturing and distribution of furniture hardware products in the market. The products offered by the company include lift system, hinges, drawer box, runner system, organization, motion technologies, assembly devices and other. The company is also engaged in offering online product configuration, assembly application and other.
September 2020
Blum Inc. introduced the interior cabinet hardware, known as Easystick. Easystick hardware used in combination with other blum hardware devices.
ASSA ABLOY is a Sweden based manufacturer of door opening solutions. The company offers products and services related to locks, doors, gates and entrance automation. The company specializes in providing access essentials including mechanical and digital locks, cylinders, keys, tags, security doors and automated entrances. At the same time, the company is offering new technology such as biometrics, mobile security, and trusted identities.
The company has three business units such as opening solutions, global solutions and entrance systems. The company’s opening solution offers various types of furniture hardware products including hinges, pulls, door locks and many others. The company’s portfolio includes 190 brands such as ABLOY, Adams Rote, Alarm Controls, Albany, Amarr, August Home and many others.
September 2021
ASSA ABLOY has completed acquisition of Arran Isle Ltd., a manufacturer and distributor of door and window hardware in the UK and Ireland. This acquisition is a strategy to add complementary products and solutions to core business of the company.
Top Companies Market Share in Furniture Hardware Industry: (In no particular order of Rank)
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Region and country analysis section of Furniture Hardware Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Furniture Hardware market.
The current report Scope analyzes Furniture Hardware Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Furniture Hardware Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Furniture Hardware Industry growth. Furniture Hardware market has been segmented with the help of its Type, Application Distribution Channel, and others. Furniture Hardware market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Drawer Slides segment Revenue will be USD 2,692.24 Million by 2028.
Drawer slides, sometimes referred to as drawer runners, are used to open and close drawers. It is a gadget that allows a connected drawer to slide horizontally. Drawers are attached to drawer slides, which allow them to glide into and out of the piece of furniture. It comes in two or three sections and comes in six different forms, including ball bearing drawer slides, soft close ball bearing drawer slides, under mount drawer slides, side mount drawer slides, centre mount drawer slides, and roller slides. Heavy-duty drawer slides are constructed of stainless steel, plated cold-rolled steel, or hard anodized aluminium. Its load bearing capability ranges from 200 to 230 lbs.
Hinges are metal pieces that connect the two sides of a box, door, or other object to allow it to be opened or closed. An ideal hinge allows two objects to rotate relative to one other around a given axis of rotation while preventing any further translations or rotations, giving the hinge one degree of freedom. Hinges are the pivot point for opening and closing a door. They are the hardware that attaches a door to its frame. In the market, there are many different types of hinges for diverse uses. Hinges can be constructed of movable components or flexible material.
A knob is a single-pointed piece of hardware that is used to operate a cabinet drawer or door. Solid metal furniture knobs have a characteristic cross or linear knurl design diamond-cut into its surface. It may be utilized in kitchens, bedrooms, and bathrooms, as well as to simply refresh old furnishings. The furniture knobs come in a range of finishes and include a rectangular plate and penny buttons as an alternative. There are vintage knob types that imitate handcrafted glass or ceramic items from the past. Customers now have the option of obtaining low-cost sets of knobs from a hardware shop.
Pulls are little fittings that are affixed to the front faces of drawers to allow them to be opened. It usually has a single screw that must be pushed through from the interior of the drawer to secure the pull. Their distinguishing feature is that they only have one point of attachment, as opposed to handles that have two or more points of attachment. Pulls are available in a wide range of designs at hardware stores. To truly customize a cabinetry run, many users seeking vintage glass or hand-painted porcelain handles.
Sliding door hardware was designed with an emphasis on how smooth the glide is, how gentle the soft close is, and how flawless the fit is. Sliding door hardware comes in a variety of styles, including stainless steel, conventional flat track barn door hardware, and traditional box track hardware. Barn door hardware is most typically utilized in sliding doors. Sliding door hardware has been updated to be quieter, safer, and more durable, while still using the same basic steel material and track structure as the original systems. It also requires a sliding door track that runs from the top of the doorjamb to the bottom.
Furniture door supports involves hinges, door panels, handles, pulls, knobs, and other supports. Several cabinet doors often use gas spring for force door lift support. These furniture door supports helps in the easy opening of kitchen cabinet doors, also assists for lift up opening cabinet door panels.
Slide-out shelves, also known as kitchen cabinet pull outs, are a popular choice in today's kitchen. The carefully built pull mechanics that distinguish these shelves provide several advantages. These shelves give more working area and a simple solution to the kitchen problem. Pull out baskets are not just for pots and pans, but also for spice bottles, pantry storage, kitchenware, chopping blocks, and other items. These are valued for their efficient use of space in both household and commercial kitchens.
Hardware is an important component of every wardrobe. In compact wardrobes, high lifts and two-tier hanging rods come in handy since they allow users to hang more items in a less space. Special wardrobe rails are utilized for trouser, tie, and coat holders. These days, a trouser rack may be structured in such a manner that it can be dragged out of the closet using a sliding pants rack. This saves space while also preventing wrinkles. In women wardrobe compartments, drawers, telescopic, and invisible channels are employed to maximize space.
There are several additional types of furniture hardware on the market. Screws are the most often used woodworking hardware. They are used to put together individual timber components to form a piece of furniture. The handle is also one of the most visually appealing pieces of furniture hardware.
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The Commercial Furniture segment Revenue in Furniture Hardware will be USD 7,709.99 Million by 2028
Furniture hardware is frequently required in schools, nurseries, and workplaces. These furniture parts are great for making new furniture or improving and extending the life of old furniture. Furniture components include casters, coasters, computer accessories, furniture legs, grommets, and television mounting hardware, and many others.
Residential furniture hardware includes all metal and non-metal objects used in building accessories. This hardware is the most fundamental consumable for every fitting. It includes screws, hinges, hammers, nuts, channels, supports, locks, handles, holders, stoppers, hooks, and pins. Several innovative home furniture hardware solutions are currently available that are compatible with today's designs and push the boundaries of what furniture can achieve.
Other applications include handcrafted furniture and home accessories. It comprises keys, locks, hinges, latches, handles, wire, chains, pipes, tools, and machine parts. These are often made of brass, steel, aluminium, stainless steel, and iron. This furniture is usually required for kitchen furniture, bathroom furniture, door and window furniture, and structural furniture.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Drawer Slides, Hinges, Knobs, Pulls, Furniture Sliding Door Hardware, Furniture Door Support, Kitchen Pull Out Basket, Wardrobe Storage Hardware, Others |
Application | Commercial Furniture, Residential Furniture, Others |
Distribution Channel | B2B/Projects (Real Estate Developers, Contractors, Etc.), B2C/Retail |
List of Competitors | Blum India Pvt. Ltd, Hettich India Pvt. Ltd, Hafele India Private Limited, Ebco Private Limited, Hepo India Put. Ltd, FGV (Hindware Home Innovation Limited), Godrej & Boyce Manufacturing Company Limited, Dorset Industries Pvt. Ltd, Ozone Overseas Put. Ltd, ASSA ABLOY, KAFF, Kich Architectural Products Put. Ltd* |
This chapter will help you gain GLOBAL Market Analysis of Furniture Hardware. Further deep in this chapter, you will be able to review Global Furniture Hardware Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Furniture Hardware market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Drawer Slides have a significant impact on Furniture Hardware market? |
What are the key factors affecting the Drawer Slides and Hinges of Furniture Hardware Market? |
What is the CAGR/Growth Rate of Commercial Furniture during the forecast period? |
By type, which segment accounted for largest share of the global Furniture Hardware Market? |
Which region is expected to dominate the global Furniture Hardware Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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